Loan Census Banking News and Information
November 14, 2024  
 
 
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SBA Lenders for Lafayette, Colorado Entrepreneurs

 

 
Loan Census SBA Loan Info

Where to Get Capital for Beer, Wine, and Liquor Stores

Looking for SBA loans for beer, wine, and liquor stores? An SBA loan may be just what you've been looking for. This $50,000 beer, wine, and liquor stores loan was issued by a Colorado bank.

This business knew how to go about getting a business bank loan. Based in Lafayette, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Premier Bank, based in Denver, Colorado.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
LAFAYETTE, CO 80027

SBA Loan Lender

PREMIER BANK
1630 STOUT ST
DENVER, CO 80202

The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

9/17/2002

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We can help you find the best banks for small businesses in Lafayette or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

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Small Bank Loans in Denver, Colorado

SBA Lenders in Colorado